TUERF (True North Commercial REIT) Cash Conversion Cycle: -39.60 (As of Mar. 2026)

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TUERF True North Commercial REIT TUERF
63 GF Score
Price $6.28
GF Value $7.63
Valuation Modestly Undervalued
! 6 Warning Signs
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What is True North Commercial REIT Cash Conversion Cycle?

True North Commercial REIT TUERF 63 Cash Conversion Cycle is -39.60 as of Mar. 2026. GuruFocus rates TUERF with a GF Score™ of 63/100 and a GF Value™ of $7.63 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

True North Commercial REIT's Days Sales Outstanding for the three months ended in Mar. 2026 was 30.14.
True North Commercial REIT's Days Inventory for the three months ended in Mar. 2026 was 183.11.
True North Commercial REIT's Days Payable for the three months ended in Mar. 2026 was 252.85.
Therefore, True North Commercial REIT's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was -39.60.


True North Commercial REIT  (OTCPK:TUERF) Cash Conversion Cycle Explanation

Generally, the lower this number is, the better for the company. Although it should be combined with other metrics (such as ROE % and ROA %), it can be especially useful for comparing close competitors, because the company with the lowest CCC is often the one with better management.


Be Aware

CCC is most effective with retail-type companies, which have inventories that are sold to customers. Consulting businesses, software companies and insurance companies are all examples of companies for whom this metric is meaningless.

The CCC is one of several tools that can help you evaluate management, especially if it is calculated for several consecutive time periods and for several competitors. Decreasing or steady CCCs are good, while rising ones should motivate you to dig a bit deeper.


True North Commercial REIT Cash Conversion Cycle Related Terms


True North Commercial REIT Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for True North Commercial REIT's Cash Conversion Cycle can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

True North Commercial REIT Cash Conversion Cycle Chart

True North Commercial REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -139.03 353.59 209.07 130.26 26.92

True North Commercial REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 110.31 64.26 9.13 -40.57 -39.60

TUERF vs BXP, ARE, VNO: Cash Conversion Cycle Comparison

For the REIT - Office subindustry, True North Commercial REIT's Cash Conversion Cycle, along with its competitors' market caps and Cash Conversion Cycle data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


True North Commercial REIT Cash Conversion Cycle vs REITs Industry

For the REITs industry and Real Estate sector, True North Commercial REIT's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where True North Commercial REIT's Cash Conversion Cycle falls into.


TUERF
63GF Score
True North Commercial REIT TUERF
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

True North Commercial REIT Cash Conversion Cycle Calculation

Cash Conversion Cycle (CCC) measures how fast a company can convert cash on hand into even more cash on hand. This metric looks at the amount of time needed to sell inventory, the amount of time needed to collect receivables and the length of time the company is afforded to pay its bills without incurring penalties.

Cash Conversion Cycle is one of several measures of management effectiveness.

True North Commercial REIT's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=27.67+245.42-246.17
=26.92

True North Commercial REIT's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=30.14+183.11-252.85
=-39.60

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of -39.60 mean?
True North Commercial REIT (TUERF) has a Cash Conversion Cycle of -39.60 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on True North Commercial REIT and its competitors.
Is True North Commercial REIT's Cash Conversion Cycle too high?
True North Commercial REIT's current Cash Conversion Cycle is -39.60. Overall, True North Commercial REIT has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does True North Commercial REIT's Cash Conversion Cycle compare to BXP and ARE?
True North Commercial REIT's Cash Conversion Cycle of -39.60 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for a REITs company?
A good Cash Conversion Cycle depends on the REITs industry context. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on True North Commercial REIT and its competitors. True North Commercial REIT's current Cash Conversion Cycle is -39.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is True North Commercial REIT stock overvalued right now?
Based on GuruFocus' analysis, True North Commercial REIT (TUERF) is currently considered Modestly Undervalued. The stock's GF Value™ is $7.63, compared to a current price of $6.28 — trading 17.7% below its estimated fair value. The current Cash Conversion Cycle is -39.60. True North Commercial REIT's overall GF Score™ is 63/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For True North Commercial REIT (TUERF), the current Cash Conversion Cycle is -39.60 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is True North Commercial REIT (TUERF) Overvalued in 2026?

Based on GuruFocus' analysis, True North Commercial REIT stock appears to be undervalued. The current stock price of $6.28 is trading 17.7% below its estimated GF Value™ of $7.63. GuruFocus considers True North Commercial REIT to be Modestly Undervalued.

Key valuation signals for TUERF:

  • Cash Conversion Cycle: -39.60
  • GF Value™: $7.63 vs. price of $6.28 (17.7% below fair value)
  • GF Score™: 63/100 with 6 warning signs

No single metric tells the full story. See the TUERF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


True North Commercial REIT Business Description

Industry Real EstateREITs
Other Exchanges TNT.UN:Canada
Address 3280 Bloor Street West, Suite 1400, Centre Tower, Toronto, ON, CAN, M8X 2X3
True North Commercial REIT is a Canadian-based open-ended Real estate investment trust company. It owns and acquires commercial real estate in Canada. The objective is to maximize the total profit for shareholders. Returns include a stable, reliable, and tax-efficient monthly cash distribution as well as long-term appreciation in the value of its units through the effective management of a portfolio of commercial properties. It has properties in Alberta, British Columbia, New Brunswick, Nova Scotia, and Ontario.
63GF Score

Get the complete analysis for TUERF

Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6.28
Price
$7.63
GF Value